Saturday, October 5, 2024

How Beixiazhu, a Chinese village that was a hotspot of activity during the livestream shopping boom on Douyin, Kuaishou and other apps, became a cautionary tale (Wency Chen/South China Morning Post)

Wency Chen / South China Morning Post:
How Beixiazhu, a Chinese village that was a hotspot of activity during the livestream shopping boom on Douyin, Kuaishou and other apps, became a cautionary tale  —  To the unsuspecting outsider, Beixiazhu looks like any unremarkable Chinese village.  But for years, this was the place …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...